I often talk about value investing. When choosing an investment, there’s one factor you absolutely have to consider: will it still be around—still alive—ten years from now? The business model should also be extremely simple, and the company should focus on a single main business. It should have cash flow, low debt, and pay dividends consistently. Coca-Cola and Moutai are both examples of this kind of company.
Don’t just look at the financial statements. Even though I stupidly sold Venustech last time and it immediately hit the daily limit, today, despite the poor crypto market, my stocks Jinjiang Hotels and Adisseo both hit the daily limit.
I didn’t make much, but it really boosted my morale. I keep working hard to write posts and share my views on value investing and asset allocation. Even if you’re just trading crypto, you shouldn’t keep everything on one exchange. With hot wallets, learn to keep no more than three types of coins in each wallet; with cold wallets, always test them first, and so on.
I’ve always said that the mindset of a crypto trader gives you a huge advantage when trading stocks. The only thing that can really trip you up is choosing what to invest in.
I’ve been recommending AAVE and LINK for a long time. You can keep a core position while repeatedly selling high and buying low. It’s not that SOL, BNB, or ETH are bad; it’s just that, looking at the next few years, I think the former two will rise by a larger multiple than the latter. For BNB to triple, it would have to reach over $2,000, which would mean repeatedly breaking new highs. LINK, on the other hand, only needs to return to its all-time high to get there. The same goes for AAVE.
All right, I’ll stop rambling for today. Time to treat myself to a chicken leg.
Don’t just look at the financial statements. Even though I stupidly sold Venustech last time and it immediately hit the daily limit, today, despite the poor crypto market, my stocks Jinjiang Hotels and Adisseo both hit the daily limit.
I didn’t make much, but it really boosted my morale. I keep working hard to write posts and share my views on value investing and asset allocation. Even if you’re just trading crypto, you shouldn’t keep everything on one exchange. With hot wallets, learn to keep no more than three types of coins in each wallet; with cold wallets, always test them first, and so on.
I’ve always said that the mindset of a crypto trader gives you a huge advantage when trading stocks. The only thing that can really trip you up is choosing what to invest in.
I’ve been recommending AAVE and LINK for a long time. You can keep a core position while repeatedly selling high and buying low. It’s not that SOL, BNB, or ETH are bad; it’s just that, looking at the next few years, I think the former two will rise by a larger multiple than the latter. For BNB to triple, it would have to reach over $2,000, which would mean repeatedly breaking new highs. LINK, on the other hand, only needs to return to its all-time high to get there. The same goes for AAVE.
All right, I’ll stop rambling for today. Time to treat myself to a chicken leg.